KAJ Development Sdn Bhd (KAJD) has announced the RM43 billion Melaka Gateway mega project will be revived.

Executive chairman Daing A. Malek Daing A. Rahaman said the project is being revived with the support of the federal and Malacca governments.

“The rebranding campaign will be launched in line with its initiative to transform Malacca into a thriving tourist destination by leveraging its historical importance as a famous trading port,” he said in a statement today.

Daing A. Malek said the Melaka Gateway project development would resume with the construction of the Melaka International Cruise Terminal (MICT) with exclusive operating rights from the Malacca government.

He said under KAJD’s management, MICT would be the only entry point for international cruise ships and ferries to Malacca.

He said the terminal would be able to accommodate the arrival of cruise ships and was expected to bring about 3.5 million tourists to Melaka Gateway every year.

“The arrival of cruise ships will have a big impact on Malacca’s development and will increase tourism activities, making Malacca one of the most famous tourist destinations in the world while benefiting the local economy.

“With collective efforts, we have succeeded in re-instilling confidence among shareholders and we hope to establish close relations with all parties,” he said. – Bernama, September 11, 2023.